Cummins, based in Columbus IN, reports a loss of $29 million after taxes on first-quarter 2002 sales of $1.33 billion. The loss amounts to 75 cents per share. These results follow a loss of $26 million, or 68 cents per share, on sales of $1.35 billion for first-quarter 2001. Demand for heavy truck engines remains low, the company says, although it feels that the market has hit bottom and will soon begin recovery. Projections call for a return to profitability in second-quarter 2002 and a profit of 70 to 80 cents per share for all of 2002.